With legal challenges and rebuffing calls to concede. That word is not in our vocabulary. The trump apoin see so far refusing to authorize the resources to help the biden team ramp up a transition work. And supporters including Senate Majority leader mcconnell are standing by the president. President trump is 100 within his rights to look into allegations of irregularities. Some Establishment Republicans are congratulating the new president elect. Including former president george bush and senator romney. The jockying continuing today Vice President pence leading the Trump Administration first Covid Task Force meeting in three weeks. As news breaks of more covid infections at the white house. Housing and urban development secretary. Testing positive. The first known case to hit the president s cabinet. While president elect biden lays out goals for the first 100 days in office. Rejoining the World Health Organization and paris climate accord. President trump is planning rallies. What h
Revenue the u. S. Is reportedly giving brazil incentives to block wildly from the country officials from the Export Import Bank of the United States signed a memorandum for financing up to 1000000000. 00 analysts say while wall way is exploding in china its International Hurdles will make it difficult for the Smartphone Company to remain number one its still them in the 2nd quarter being up there as one of the leaders on a global basis in phone sales but outside of china its become very difficult not only because of the fact that there are sanctions in place but because of the fact that people are losing confidence in the huawei brand over the weekend china adds export restrictions to its set of laws the legislation is set to go in effect december 1st aims to protect National Security the lot may impact Foreign Companies doing research in Mainland China this includes alphabet which has a Google Research lab in beijing on the heels of releasing this new. From thursday some analysts say
You go to safety. Youre going to buy volatility, yields, bonds, and the dollar. 10 year yield now 75 basis quite a move from just a few days ago. Crude battered, beaten up today. Less demand for those oil prices. Guy absolutely. Lets recap where we are and what is going on. The german chancellor Angela Merkel currently meeting with heads of the german states. We are going to hear from her we think when that meeting wraps. We are probably likely to hear from her as well tomorrow morning. We are also getting Emmanuel Macron a little later on. Both countries moving toward more restrict of lockdowns. Lets get the latest. Maria tadeo joins us from brussels. Theres a lot of ideas floating around. None of this will be official until both Emmanuel Macron and Angela Merkel speak. The idea is we are moving into something that looks like a fulltime lockdown in the case of the french government, that we understand is seriously considering a onemonth lockdown that would start thursday night, going
Increases sanctions pressure on bill rusin warns russia against intervening in support of president bush. And the u. S also threatening sanctions on turkey if no progress is made in the Eastern Mediterranean dispute with greets flash flooding triggered landslides in afghanistan killing at least 150. 00 people its also a swamp parts of karate in neighboring pakistan. And in school the n. B. A. Playoffs will resume on saturday the players have agreed to end a boycott that was aimed at highlighting social injustice. In the afternoon in washington where tens of thousands of people have gathered to a renewed drive for criminal Justice Reform and racial equality theyre calling it another march on washington because it falls on the 57th anniversary of Martin Luther king jr i have a dream speech which happened in the same place the u. S. Has been gripped by racial protests and breasts since george floyd was killed in Police Custody in may strong comparisons to the anger in the violence that fl
Interest rates. They understand the lower bound increases the Downside Risk to employment and inflation. We are prepared to use all of the tools to support the economy. What other tools are they thinking of . Jared there is a discussion, even today, about asset purchases and fed activity in the market. A lot of the facilities introduced this year have not actually been used all that much. Maybe that is because all that is necessary is the signal they are available, or the fact the rates they have been priced at so far are not that attractive to market participants. There is no question that in the crisis, if fiscal policy does not come through this year, we might see the fed become more active as a player in the market than has been so far. , thank youed woodard so much. A big day for the markets as we extend future highs. We are lower for longer, we are allowed to run hot on in tatian. That means the 10 year yield is backup to a 70, potentially new range bound territory. The breakeven